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Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance
9.9.2020
NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round
Jackpot! User turns $200 into $250K thanks to a buggy DeFi protocol
9.9.2020
An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
9.9.2020
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets...
What Is Yearn Finance? The DeFi Gateway Everyone Is Talking About
8.9.2020
Some $650 million has poured into Yearn.Finance since mid-August. Can Yearn and its YFI token be the mass-market gateway to DeFi?
Creator leaves SushiSwap in hot water as multisig revival is on the menu
8.9.2020
SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap
DeFi’s Good, Bad and Ugly
8.9.2020
Have we forgotten the ICO craze and how long it took to revitalize the crypto industry's image?
DUCATO Hybrid DeFi Blockchain Protocol for Finance Launched
8.9.2020
Next generation hybrid DeFi blockchain network, focused on finance, DUCATO was introduced on Monday. The decentralized network will help users mitigate financial risks, establish a credible decentralized network and governance. It will function as a bridge between centralized finance...
UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
7.9.2020
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies....
Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO
6.9.2020
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...
The DeFi revolution is like cooking a recipe
5.9.2020
DeFi ingredients are defined by the creators and developers operating in the space, and subtle variations of previous recipes create new results
SushiSwap head chef dumps tokens; plans to focus on migration
5.9.2020
Chef Nomi left some food on the table
Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
5.9.2020
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million...
SushiSwap GM says "Talk doesn't mean anything and code shows everything"
5.9.2020
Skepticism is always wise in the Blockchain space, even if a project turns out to be on the level
Blockchain can shield banks from billion-dollar trade finance scandals, says exec
4.9.2020
Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert
New DeFi alliance to connect Eastern and Western DeFi markets
4.9.2020
The Chinese government is supporting a new global DeFi association
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
Yearn.finance’s $140M yETH vault proves investors are ravenous for DeFi
4.9.2020
Yearn.finance’s yETH vault took in $140 million in ETH over 48 hours, signalling that automated investing may be the next DeFi frontier
Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance
3.9.2020
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said
DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding Round
3.9.2020
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others
Unnamed DeFi project offers Tone Vays $500k for promotion
3.9.2020
A less scrupulous figurehead would probably have said yes